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Please answer this Review Problem on Standard Costing and Analysis of Direct Costs In November DCdesserts.com produced 3,000 multilayer fancy cakes and incurred the following
Please answer this Review Problem on Standard Costing and Analysis of Direct Costs In November DCdesserts.com produced 3,000 multilayer fancy cakes and incurred the following costs for direct material and direct labor Purchased 16,500 pounds of ingredients at $1.44 per pound. Used 15,500 pounds of ingredients at $1.44 per pound. Used 1,520 hours of direct labor at $22 per hour. actual Page 433 The standard costs for production of multilayer fancy cakes were the same in November as those given earlier in the chapter for September. Compute DCdesserts.com's direct-material variances (price, quantity, and purchase price) and c rvariances (rate and efficiency) for November using the format shown in Exhibits 10-2, 10-3, and 10-4. Review Problem on Standard Costing and Analysis of Direct Costs In November DCdesserts.com produced 3,000 multilayer fancy cakes and incurred the following costs for direct material and direct labor Purchased 16,500 pounds of ingredients at $1.44 per pound. Used 15,500 pounds of ingredients at $1.44 per pound. Used 1,520 hours of direct labor at $22 per hour. actual Page 433 The standard costs for production of multilayer fancy cakes were the same in November as those given earlier in the chapter for September. Compute DCdesserts.com's direct-material variances (price, quantity, and purchase price) and c rvariances (rate and efficiency) for November using the format shown in Exhibits 10-2, 10-3, and 10-4
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